Applies to: This article applies to SAP WM module ECC 6.0 . Summary: When you display the critical processes for this object, the system lists all open transfer orders that were created but have not been confirmed within the time parameters defined in the system.
-describes process managers use when making decisions. -guided by bounded rationality (represents the notion that decision makers are restricted by a variety of constraints when making decisions) -cause decision makers to fail to evaluate all potential alternatives. Rational Model.
Bounded rationality was proposed by Herbert Simon as a way to represent how real managers make decisions in real organisations. It is the rationality that takes into account the limitations of the decision maker in terms of information, cognitive capacity, and attention as opposed to substantive rationality, which is not limited to satisficing, but rather aims at fully optimized solutions.